Automation News & Analysis
6 articles
Market Mood
Emerson Electric (EMR) Reports 74% Order Growth in Software Sector
Emerson Electric Co. (EMR) recorded a 74% order growth for its Ovation software in Q1 2026, which manages electricity generation for utility facilities and AI data centers. The company, recognized as a top defensive stock, has a backlog of $7.9 billion, reflecting a 9% year-over-year increase. EMR has transitioned to a business model where two-thirds of its revenue is expected to come from recurring or software-based sources. The firm also announced a dividend of $0.555 per share, its 69th consecutive increase, offering a yield of approximately 1.5%-1.6%.
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AI Job Elimination: Data Entry, Telemarketing, and Cashiers at Risk
AI advancements are impacting job security across various sectors, with data entry, telemarketing, and cashier positions identified as at risk of obsolescence. Mean salaries for these jobs are approximately $40,130, $36,680, and $50,040, respectively. Automation tools process data more swiftly than humans, while AI voice agents render telemarketing ineffective. Additionally, cashiers may be replaced by self-checkout systems and virtual banking solutions could supplant bank tellers. These changes underscore the significant shift in job requirements attributable to AI technology.
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American Express (AXP) to Acquire AI Startup Hyper for Automation Tools
American Express (AXP) announced its acquisition of Hyper, an AI expense management startup, with financial terms undisclosed. The deal aims to enhance automation tools for commercial clients and is set to close in Q2 2026. Hyper, launched in 2022, specializes in AI agents that manage core expense workflows. This follows a previous partnership resulting in the Hypercard Rewards card in 2024, leveraging Hyper's technology. This acquisition signals AmEx's commitment to expanding its AI capabilities in response to CEO Stephen Squeri's comments on AI driving a 'structural shift' in business operations.
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Clarivate Plc (CLVT) Expands AI Integration in Regulatory Workflows
Clarivate Plc (CLVT) announced on March 10 its commitment to integrate its proprietary regulatory intelligence data with Anthropic Claude's AI capabilities. This integration aims to enhance the access of biopharma, biotech, MedTech, and clinical research organizations to regulatory data through automated workflows. The strategic move aligns with Clarivate’s goal of embedding its regulatory intelligence into existing AI environments. This development is significant as it positions Clarivate within the growing AI space, potentially impacting its partnerships and client engagement in the life sciences sector.
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AI Traffic Surges 187% as Bots Outpace Human Users, Report Shows
The 'State of AI Traffic' report by Human Security reveals that automated traffic has increased by 187% from January to December 2025, significantly outpacing human internet activity. The rise of large language models has contributed to this growth, with automated traffic growing almost eight times faster than human traffic. The report, which is based on over one quadrillion interactions processed through Human Security's platform, indicates that machine-based traffic has become the dominant form of interaction on the internet. This trend could impact market perceptions of AI technologies and their integration into everyday online activities.
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Travis Kalanick Rebrands City Storage Systems to Atoms, Targets Mining Robotics
Travis Kalanick, former CEO of Uber, has rebranded his company City Storage Systems to Atoms, signaling a strategic shift towards robotics in the mining and transportation sectors. This move highlights the growing intersection of technology and traditional industries, with potential implications for both sectors. The expansion could attract investment and innovation, contributing to increased competition in the robotics market. As companies look to enhance efficiency, Kalanick's venture may influence trends in automation and resource management.
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